(Table) The following table shows data on consumption at various levels of income. Investment spending is $500 for all levels of income. If there is no government spending or net exports, the equilibrium income level is
A) $1,000.
B) $2,000.
C) $3,000.
D) $4,000.

Question

(Table) The following table shows data on consumption at various levels of income. Investment spending is $500 for all levels of income.  If there is no government spending or net exports, the equilibrium income level is
A) $1,000. 
B) $2,000. 
C) $3,000. 
D) $4,000.

Quizplus · Accepted Answer

The Answer of (Table) The following table shows data on consumption at various levels of income. Investment spending is $500 for all levels of income.  If there is no government spending or net exports, the equilibrium income level is
A) $1,000. 
B) $2,000. 
C) $3,000. 
D) $4,000.

(Table) the Following Table Shows Data on Consumption at Various